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Subject 3: Is it difficult to invest in private equity funds?
It is not difficult to invest in private equity funds in subject 3 of fund qualification examination. The details are as follows:

1. The main purpose of setting up subject III by China Fund Industry Association is to meet the needs of market development, provide more flexible examination services for the industry and meet the requirements of the industry.

2. According to the announcement of China Fund Industry Association, applicants can choose to apply for subject 1 and subject 2, or they can apply for subject 1 and subject 3, and they can register for fund practice qualification through the examination of two subjects, but there is no case of applying for subject 2 and subject 3.

3. The third examination group of fund business subjects is the qualification examination for private equity investment funds (including venture capital funds). Fund practitioners in subjects 1 and 2 can continue to apply for the original two subjects. In other words, if you apply for subject 1 and subject 2, the appearance of subject 3 has little influence on you, which means it is not difficult for practitioners.